Berkeley Institute Capitation Grant Account audited financials

The Berkeley Institute is governed by the Berkeley Institute Act 1933 ("the Act") and its subsequent amendments. The Act provides for the management of the school by "The Board of Governors of the Berkeley Institute".

The Board of Governors of the Berkeley Institute are empowered to pass bye-laws for the proper administration of the real estate, funds and investments vested in it by the Act.

The Berkeley Institute Capitation Grant Account is used to finance the operations and delivery of education at the Berkeley Institute. The financial statements of the Berkeley Institute Capitation Grant Account reflect only the transactions and deficit of the Capitation Grant Account. As such, the financial statements do not purport to show all the transactions, assets, liabilities and equity of the Berkeley
Institute.